Socialist government becomes major player in PC business!
Bob Morris @ Dec 8th 2004 10:41 - Category: Unfiled
IBM is selling their PC unit to Lenovo of China for 1.25 billion.
The still socialist Chinese government owns a piece of Lenovo.
Interesting, eh? China is a weird hybrid now, with capitalist-style businesses booming, yet with a little digging, one finds that the government owns a piece of, if not a controlling interest in many of them. And that government is socialist.
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